The Germany-based investing company Agents for Impact (AFI) recently informed MicroCapital that it has issued a loan of USD 5 million to
Search Results for: IIV
MICROCAPITAL BRIEF: Agents for Impact Disburses $8m from Invest in Visions (IIV) to Microfinance Institutions Digamber of India, Imon of Tajikistan
Agents for Impact (AFI), a Germany-based investing company, recently informed MicroCapital that it has disbursed a loan of EUR 5 million (USD 5.5 million) to Digamber Capfin Limited, a microfinance institution (MFI) serving rural women in India, on behalf of Invest in Visions (IIV). AFI also
MICROCAPITAL BRIEF: Agents for Impact Disburses $15m in Local Currency from IIV to MBK Ventura of Indonesia for Group Microfinance Loans for Women
Agents for Impact (AFI), a Germany-based impact investing company, recently informed MicroCapital that it has disbursed a local-currency loan equivalent to USD 15 million in favor of Mitra Bisnis Keluarga (MBK) Ventura, a microlender in Indonesia, on behalf Invest in Visions (IIV). Established in 2006, MBK Ventura seeks to raise the living standards of low-income women in rural parts of the island of Java by providing access to group microloans for use as
MICROCAPITAL BRIEF: Microinvest of Moldova Borrows $3.4m from IIV for Microfinance, SME Lending
Agents for Impact (AFI), a Germany-based impact investing company, recently informed MicroCapital that it has lent the second of two tranches to Microinvest, a lender to households as well as small and medium-sized enterprises (SMEs) in Moldova, on behalf of Germany-based Invest in Visions (IIV). The disbursement of EUR 3 million (USD 3.4 million) completes an agreement between the parties valued at
MICROCAPITAL BRIEF: Agents for Impact Disburses $1.5m from IIV to FINCA Bank Kyrgyzstan for Microfinance
Agents for Impact (AFI), a Germany-based impact investing company, recently informed MicroCapital that it has issued USD 1.5 million to FINCA Bank Kyrgyzstan, a unit of US-based FINCA Impact Finance, on behalf of Germany-based Invest in Visions (IIV). FINCA Kyrgyzstan serves 155,000 customers – half women – with
MICROCAPITAL BRIEF: Agents for Impact Loans $14m from IIV to Kinara Capital of India, BRAC Tanzania for Microfinance, SMEs
Agents for Impact (AFI), a Germany-based impact investing company, recently informed MicroCapital that it has issued the following loans on behalf of Germany’s Invest in Visions (IIV): EUR 8 million (USD 9.2 million) to India’s Kinara Capital and USD 5 million to BRAC Tanzania Finance Limited. AFI aims to bring together investors to make progress toward the UN Sustainable Development Goals.
Kinara issues collateral-free loans to micro-, small and medium-sized enterprises. The loans, which range in size from INR 100,000 (USD 1,300) to INR 3 million (USD 40,000), are intended for purposes such as working capital and asset purchases. Although the firm promises “digital first”
MICROCAPITAL BRIEF: IIV Disburses $18m to Khan Bank of Mongolia, Including for On-lending to MSMEs Developing Post-COVID Business Models
Germany’s Invest in Visions (IIV), under the advice of Belgium-based Incofin Investment Management, recently lent USD 18 million to Khan Bank of Mongolia from the fund IIV Mikrofinanzfonds. The proceeds primarily are slated for on-lending to micro-, small and medium-sized enterprises (MSMEs), especially
MICROCAPITAL BRIEF: IIV Mikrofinanzfonds Loans $2m to FINCA Tajikistan for Microfinance
German investment research firm Agents for Impact recently advised Germany-based Invest in Visions (IIV) on its disbursement of a loan in the amount of USD 2 million to FINCA Tajikistan, a microfinance institution (MFI) affiliated with the US-based for-profit
MICROCAPITAL BRIEF: Invest in Visions (IIV) Mikrofinanzfonds Lends $12m to Bayport for Payroll Lending in Colombia
Invest In Visions Mikrofinanzfonds, a fund managed by Germany-based Invest In Visions (IIV), has disbursed a senior loan of EUR 10 million (USD 12.1 million) to Bayport Colombia, one of the nine financial services providers (FSPs) of Mauritius-based microfinance network Bayport Management Limited. Bayport Colombia is using the cash to fund
MICROCAPITAL BRIEF: IIV Mikrofinanzfonds Lends $32m to Refinance Microfinance Institutions in El Salvador, Panama
Invest in Visions (IIV) Mikrofinanzfonds, a fund managed by Germany-based IIV, recently purchased non-securitized loan claims totaling USD 31.7 million from microlenders in Central America, allowing them to refinance a portion of their portfolios. The microfinance institutions (MFIs),
MICROCAPITAL BRIEF: IIV Mikrofinanzfonds Invests $720k in Premier Credit, Refinancing Microfinance Loans in Kenya
Premier Credit Limited, a member of the Kenya-based Premier Group of microfinance institutions (MFIs), recently sold a package of microloan receivables for USD 720,000 to IIV Mikrofinanzfonds, a fund managed by Germany-based Invest in Visions (IIV). The MFI will use the cash to continue its support of micro- and small-scale entrepreneurs in Kenya. Other units of the Premier Group operate
MICROCAPITAL BRIEF: IIV Mikrofinanzfonds Reports Losses Under 3%; Invests $3.4m Refinancing Microfinance Institutions in Mexico, Tajikistan
Microfinance institutions in Mexico and Tajikistan recently sold packages of non-securitized loan claims for MXN 61.3 million (USD 2.66 million) and USD 750,000 and to IIV Mikrofinanzfonds, a fund managed by Germany-based Invest in Visions (IIV). The names of the microlenders have not released.
During the first four months of 2020, the two share classes of IIV Mikrofinanzfonds generated losses of 2.7 percent to 2.9 percent. This
MICROCAPITAL BRIEF: MFIs in Bosnia and Herzegovina, Georgia, India, Panama, Tajikistan, Uzbekistan Refinance $38m in Microloans via Sales to IIV Mikrofinanzfonds
Microfinance institutions (MFIs) in six countries recently sold non-securitized loan claims for USD 7.8 million-plus EUR 28 million (USD 30.4 million) to IIV Mikrofinanzfonds, a fund managed by Germany-based Invest in Visions (IIV). While the MFIs have not been named, they are located in
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Refinances $26m in Microloans for MFIs in Cambodia, Ecuador, Georgia
During February 2020, IIV Mikrofinanzfonds, a fund managed by Germany-based Invest in Visions (IIV), refinanced microfinance institutions (MFIs) in Ecuador, Georgia and Cambodia by purchasing non-securitized loan claims totaling USD 26 million. While the names of the other MFIs remain confidential,
MICROCAPITAL BRIEF: Invest In Visions’ IIV Mikrofinanzfonds Refinances Alliance Myanmar with $3m Loan for Rural Microfinance
Germany-based Invest in Visions (IIV) recently disbursed a loan of USD 3 million from its fund IIV Mikrofinanzfonds to Alliance Myanmar, a microfinance institution in Myanmar. Alliance Myanmar is using the funds to
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Loans $11m to Microfinance Institution ASA International India
Mikrofinanzfonds, a fund managed by Germany’s Invest In Visions (IIV), recently loaned EUR 10 million (USD 11 million) to ASA International India, a microlending unit of ASA International. ASA India was founded in 2008 and serves
MICROCAPITAL BRIEF: Invest In Visions’ IIV Mikrofinanzfonds Lends $49m to Microfinance Institutions in Ecuador, Egypt, Indonesia, Kazakhstan, Kosovo, Kyrgyzstan, Mexico and Timor-Leste – Including $10m to MFI Alternativa 19 del Sur
Germany-based Invest In Visions (IIV) recently loaned USD 10 million to Alternativa 19 del Sur, a microfinance institution (MFI) in Mexico. The investment is one of a group of loans totaling
MICROCAPITAL BRIEF: Invest in Visions’ IIV Mikrofinanzfonds Lends $21.4m to Microfinance Institutions in Bolivia, Cambodia, Kosovo, Moldova, Tajikistan – Including $11.1m to Eskhata Bank
Germany-based Invest in Visions (IIV) recently loaned EUR 10 million (USD 11.1 million) to Eskhata Bank, a provider of microfinance and traditional financial services in Tajikistan, in an effort to stimulate economic development in the country, including in rural areas. The investment is one of a group of loans totaling